The cost of housing varies widely. Prices depend on the location, age and condition of the apartment or house, and the local market. You can expect to pay from ? 15,763.18 () a month for a room? 90,075.33 () to a month for a luxury apartment or a house. Housing is usually less expensive if it is outside a large city. Purchase prices for houses range considerably depending on the city, town or location where you buy. When you are budgeting for your housing costs, you may have to allow as much as 35 to 50 percent of your income. This should include the cost of such things as heating, electricity and other utilities.